LCC investors reacted again to increased fuel prices, which reached a new high for 2009 yesterday for the third consecutive day. All the major LCC shares were down, with Air Berlin the worst affected, falling 5.7%. Also in Europe, easyJet and Ryanair shares fell 2.7% and 2.1%, respectively.

Elsewhere, Southwest shares were down 0.2%, while GOL’s shares increased the most, up 5.3%.